Reported 5 months ago
Swiss National Bank President Thomas Jordan stated that the bank should continue its practice of not publishing minutes of policymakers' discussions, differing from other central banks like the Federal Reserve. Jordan believes this approach is right for their situation and emphasized the importance of not necessarily following the actions of other institutions. The SNB had already initiated interest rate cuts ahead of global peers in March, with more expected in June and September, although a recent inflation surprise could impact this forecast. Jordan, set to depart the SNB in September, mentioned uncertainty about his future plans and praised the central bank as a resilient organization.
Source: YAHOO